Rivian Automotive's change in inventory for the quarter that ended in Dec. 2023 was $-133 Mil. It means Rivian Automotive's inventory
increased by $133 Mil
from Sep. 2023 to Dec. 2023 .
Rivian Automotive's change in inventory for the fiscal year that ended in Dec. 2023 was $-1,604 Mil. It means Rivian Automotive's inventory
increased by $1,604 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rivian Automotive's Days Inventory for the quarter that ended in Dec. 2023 was 122.32.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Rivian Automotive's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Rivian Automotive's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.96.
Rivian Automotive Change In Inventory Historical Data
The historical data trend for Rivian Automotive's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,604 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Rivian Automotive (NAS:RIVN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rivian Automotive's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Rivian Automotive's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Rivian Automotive Change In Inventory Related Terms
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Rivian Automotive (Rivian Automotive) Business Description
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).
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